Drawing on the Power of the Arts

The creative industry is increasingly being recognised as one of the key driving factors for economies worldwide. Indeed, the importance of the creative economy was given acknowledgement on a global stage when in 2019, the United Nations General Assembly declared 2021 to be the International Year of Creative Economy for Sustainable Development. While creative economy has no single definition, it can be seen as industries that lie at the crossroads of arts, culture, business, and technology. [1] Creative economy is an essential pillar of national economic activity, and when fostered, it can be utilised in building a sustainable, holistic and inclusive future.